Kapsch TrafficCom AG

euro adhoc: Kapsch TrafficCom AG
Mergers - Acquisitions - Takeovers / Announcement Pursuant to §93 BörseG Not for publication in the United States of America, Canada, Australia and Japan: Kapsch TrafficCom AG: Schroder Investment Management Limit

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Stock Activity


Vienna, March 25, 2008. Pursuant to § 91 BörseG, Schroder Investment Management Limited notified the Company that it and its fellow subsidiaries and affiliates have passed below the threshold of 5% of voting rights in Kapsch TrafficCom AG with effect of 19 March 2008. The shares are held in portfolios managed by Schroder Investment Management Limited on a discretionary basis for clients.

Kapsch TrafficCom is an international supplier of innovative road traffic telematics systems, products and services. Its principle business is the development and supply of electronic toll collection (ETC) systems, in particular MLFF (multi-lane free-flow) ETC systems, and the technical and commercial operation of such systems. Kapsch TrafficCom also supplies traffic management systems, with a focus on road safety and traffic control, and electronic access systems and parking management. With more than 140 installed tolling systems in 30 countries in Europe, Australia, Latin America, the Asian/Pacific region and South Africa, and more than eleven million transponders and 11,000 equipped lanes, Kapsch TrafficCom has positioned itself among the market leaders in ETC systems worldwide. Kapsch TrafficCom is headquartered in Vienna, Austria, and has subsidiaries and representative offices in 18 countries.

This release constitutes neither an offer to sell nor a solicitation to buy any securities. The securities have already been sold. This release is not being issued in the United States of America and must not be distributed to U.S. persons (as defined in Regulation S of the U.S. Securities Act of 1933, as amended ("Securities Act")) or publications with a general circulation in the United States. This press release does not constitute an offer or invitation to purchase any securities in the United States. The securities of Kapsch TrafficCom AG have not been registered under the Securities Act and may not be offered, sold or delivered within the United States or to U.S. persons absent from registration under or an applicable exemption from the registration requirements of the United States securities laws. This release is directed only at persons (i) who are outside the United Kingdom or (ii) who have professional experience in matters relating to investments falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (as amended) (the "Order") or (iii) who fall within Article 49(2)(a) to (d) ("high net worth companies, unincorporated associations etc.") of the Order (all such persons together being referred to as "Relevant Persons"). Any person who is not a Relevant Person must not act or rely on this communication or any of its contents. Any investment or investment activity to which this communication relates is available only to Relevant Persons and will be engaged in only with Relevant Persons.

end of announcement                               euro adhoc

Further inquiry note:

For more information
Marcus Handl
Investor Relations
Kapsch TrafficCom AG
Wagenseilgasse 1,1120 Wien, Austria
phone: +43 (0) 50 811 1122
mail: ir.kapschtraffic @ kapsch.net

Branche: Technology
Index: Prime.market
Börsen: Wiener Börse AG / official market

Original-Content von: Kapsch TrafficCom AG, übermittelt durch news aktuell

Weitere Meldungen: Kapsch TrafficCom AG

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